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Category U.S. banking system

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White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press s...
Mar, 21, 2023
3 min read
by Bitcoin News
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of Engl...
Mar, 20, 2023
3 min read
by Bitcoin News
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s...
Mar, 14, 2023
2 min read
by Bitcoin News